Winnipegger's worm waste business vying for $100K prize
Dale Overton is the Manitoba finalist in BDC's 2014 Young Entrepreneur Award
A Winnipeg entrepreneur hopes to turn his compost business, which uses worms to make natural fertilizers and pesticides, into a global enterprise with the help of a national award.
Dale Overton is the lone Manitoba finalist in BDC's 2014 Young Entrepreneur Award.
Manitobans have until 11 a.m. CT on Thursday to vote for the winning project on the contest's website.
The 34-year-old biologist hopes to win the $100,000 grand prize so he can expand his composting business, Overton Environmental Enterprises, by building a new composting pad site.
The company uses millions of worms to break down plant materials, and excrete worm castings, that produce nutrient-rich compost products.
"We actually use the worms to take a peat-based product and recycled cardboard and actually turn it into a really, really rich soil amendment that's chock-full of these microbes, but also helps to increase water-holding capacity … so that we can actually reduce our reliance on fertilizers and pesticides," Overton told CBC News on Wednesday.
Overton's products are currently used in Canada, the United States and the Middle East by 150 clients in the agriculture, golf, horticulture and environmental industries, according to his contest entry on the BDC website.